Maryland-based private equity firm Mauloa has announced the launch of the Mauloa SMB Accelerator, a new program aimed at supporting mature, family-owned businesses within 100 miles of D.C.
The accelerator, which begins Sept. 8, will culminate in a $10 million to $20 million investment offer to one winning company.
Unlike typical accelerators focused on startups, Mauloa’s program targets more established, family-owned companies generating at least $20 million in annual revenue and $3 million in cash flow. Participation in the 90-day accelerator program is free, and only three companies will be selected.
Click here thread the rest off the article written by Terik King over at WTOP
